The following is the Balance Sheet of A Co Ltd. as on 1st April, 2016 : I.
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The following is the Balance Sheet of A Co Ltd. as on 1st April, 2016 :
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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital -2,000 Equity Shares of 10 each (b) Reserves and Surplus --- General Reserve Profit and Loss Account (2) Share Application Money Pending Allotment : (3) Non-current Liabilities: (a) Long-term borrowings-12% Debentures (4) Current Liabilities: (a) Trade Payables Balance Sheet of A Co. Ltd. as at 1st April, 2016 Particulars (1) TOTAL II. ASSETS (1) Non-current Assets : (a) Fixed Assets (i) Tangible Assets: TOTAL Land and Building Plant and Machinery (ii) Intangible assets -- Goodwill (2) Current Assets: (a) Inventories (b) Trade receivables -- Debtors (c) Cash and cash equivalents-Cash at Bank Note No. (2) Amount (₹) (3) 2,00,000 50,000 20,000 1,00,000 30,000 4,00,000 1,50,000 83,000 50,000 35,000 32,000 50,000 4,00,000
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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